The Politics of International Economic Relations

This information is for the 2013/14 session.

Teacher responsible

Dr Thomas Sattler CLM 4.10


This course is available on the BSc in Economics, BSc in International Relations, BSc in International Relations and History and BSc in Management. This course is available with permission as an outside option to students on other programmes where regulations permit and to General Course students.

Students from other degree programmes will be admitted by permission of the Course Coordinator, including BSc Economic History


It is strongly recommended that students have completed The Internationalisation of Economic Growth, 1870 to the present day (EH101) or Economics A (EC100).

Course content

The economic factor in foreign policy; the development of thought about the relationship between international politics and the international economy. Power and politics in international economic relations. Major approaches in international political economy: economic nationalism, laissez faire, marxism and comparative political economy. The political economy of international monetary and trade systems since 1944. Current debates: domestic trade preferences, environmental protection, regionalism, preferential trade agreements, capital market integration, globalisation and the retreat of the state.


15 weekly lectures (IR304) commencing in week one of the MT and 17 weekly classes (IR304.A) commencing in week three of the MT, plus two revision classes. Ten lectures on Introduction to Economics (IR304.1) in MT.

Formative coursework

Students deliver class papers and write four essays of a maximum length of 1,500 words each.

Indicative reading

Basic references are: D Baldwin, Economic Statecraft; R Heilbronner, The Worldly Philosophers; S Strange, States and Markets; J Frieden & D Lake, International Political Economy; J Ravenhill, Global Political Economy; A Walter & G Sen, Analyzing the Global Political Economy. A detailed reading list will be given at the beginning of the course.


Exam (100%, duration: 3 hours) in the main exam period.

In the examination four questions are chosen from 12.

Student performance results

(2010/11 - 2012/13 combined)

Classification % of students
First 15.2
2:1 44.4
2:2 32.3
Third 7.1
Fail 1

Key facts

Department: International Relations

Total students 2012/13: 38

Average class size 2012/13: 8

Value: One Unit

Guidelines for interpreting course guide information

PDAM skills

  • Problem solving
  • Communication
  • Specialist skills